ST Engineering injects another US$21.5m into pilot training unit's capital
DeeperDive is a beta AI feature. Refer to full articles for the facts.
ST Aerospace Engineering, a subsidiary of the aerospace arm of Singapore Technologies Engineering (ST Engineering) has injected another US$21.5 million into the capital of its wholly owned pilot training subsidiary.
This brings ST Engineering's total investment in ST Aerospace Academy Pte Ltd (STAA) to about US$34.5 million, said ST Engineering in a news release on Tuesday.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise ’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore